LOT 16

Lot 16

Introducing Lot 16, a new community of modern townhomes coming soon to St. Catharines. Nestled near Westchester Cres and Oakdale Ave, this prime location offers the perfect balance of nature and city convenience. Adjacent to the scenic Canal Valley Park, residents will immerse themselves in tranquil surroundings while being just minutes away from urban amenities. With easy access to Highway 406, Downtown St. Catharines, and various attractions, Lot 16 provides an ideal living experience.

Lot 16 presents a promising investment opportunity as the Niagara Region’s population is projected to reach 610,000. The growing demand for real estate makes it a smart choice for buyers. These well-designed townhomes feature three bedrooms and start from the $500s, providing affordable options for homeowners. Additionally, 90% of the units are priced below $699,000, catering to diverse budgets.

Secure your future in Lot 16, where you can enjoy the beauty of nature and the convenience of city living. Don’t miss out on this opportunity to embrace a harmonious lifestyle.

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Population Growth & Economic Outlook: St. Catharines is expected to experience significant population growth, reaching 610,000 people by 2041, representing a 28% increase. This projected growth will create approximately 80,000 new jobs, fueling housing demand and providing lucrative investment opportunities.

Prime Location: Nestled near Niagara Falls and Niagara-on-the-Lake, St. Catharines enjoys a strategic location with easy access to the QEW highway. With over 13 million annual visitors, the region offers a wealth of amenities, including hotels, wineries, golf courses, and casinos. The robust tourism sector generates over $2.4 billion in annual spending, positively influencing the local real estate market.

Connectivity & Education: St. Catharines boasts excellent connectivity, benefiting from highways, GO Transit, and international airports within a 100 km radius. Future expansions, such as the GO Transit service to downtown Toronto’s Union Station, will further enhance travel accessibility. The city is home to Brock University, renowned for its academic excellence and vibrant student community.

Reputable Developer: Sphere Developments, led by industry leaders, stands out as a reputable development company. With their comprehensive approach to home building, Sphere ensures exceptional quality, meticulous attention to detail, and enduring appeal.

QUICK FACTS

eveloper: Sphere Developments
Address: 16 Melbourne Ave, St. Catharines
Nearest Intersection: Westchester Cres & Oakdale Ave
Pricing: Starting From The $500s
Occupancy: Spring 2025
Number of Homes: 104 Stacked Towns – 3 Levels
Home Type: Two Bedroom – Three Bedroom + Den Stacked Towns
Square Footage: 856 sq ft – 1,267 sq ft
Maintenance Fees: Approx. $0.16/sq ft (Includes landscaping, waste removal, snow removal // Excludes hydro, water, internet, and cable)
Deposit Structure: $5,000 on Signing // Balance to 5% in 30 days // 5% on January 15, 2024 // 5% on January 15, 2025 // 5% on Occupancy
Incentives*: VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Charges & Education Levies (2 Bed, 2 Bed + Den & 2 Bed + Study: $5,000 // 3 Bed, 3 Bed + Den & 3 Bed + Study: $7,000), Capped Meters, $0 Assignment Fee (Valued at $10,000), Property Management & Leasing Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements, $5,000 Decor Credit, Right to Lease During Interim Occupancy, $15,000 Off the Price of Regular Parking ($30,000 $15,000), $25,000 Off the Price of Tandem Parking ($50,000 $25,000)